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Italy - Crude Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends And Insights
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Italy: Overview of the Market for Crude Sunflower-Seed And Safflower Oil 2021

Market Size for Crude Sunflower-Seed And Safflower Oil in Italy

The Italian market for crude sunflower-seed and safflower oil reached $X in 2019, with an increase of X% against the previous year. In general, consumption recorded resilient growth. The pace of growth was the most pronounced in 2016 when the market value increased by X% year-to-year. Over the period under review, the market attained the maximum level in 2019 and is likely to see gradual growth in the near future.

Production of Crude Sunflower-Seed And Safflower Oil in Italy

In value terms, crude sunflower-seed and safflower oil production dropped to $X in 2019 estimated in export prices. Over the period under review, production showed a deep slump. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Crude sunflower-seed and safflower oil production peaked at $X in 2007; however, from 2008 to 2019, production failed to regain the momentum.

Exports of Crude Sunflower-Seed And Safflower Oil

Exports from Italy

In 2019, the amount of crude sunflower-seed and safflower oil exported from Italy skyrocketed to X tonnes, increasing by X% on the previous year's figure. Overall, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Exports peaked at X tonnes in 2015; however, from 2016 to 2019, exports failed to regain the momentum.

In value terms, crude sunflower-seed and safflower oil exports rose significantly to $X in 2019. In general, total exports indicated tangible growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports decreased by -X% against 2015 indices. The growth pace was the most rapid in 2008 when exports increased by X% y-o-y. Exports peaked at $X in 2015; however, from 2016 to 2019, exports failed to regain the momentum.

Exports by Country

Greece (X tonnes) was the main destination for crude sunflower-seed and safflower oil exports from Italy, accounting for a X% share of total exports. Moreover, crude sunflower-seed and safflower oil exports to Greece exceeded the volume sent to the second major destination, France (X tonnes), fourfold. The third position in this ranking was occupied by the Netherlands (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Greece stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and the Netherlands (-X% per year).

In value terms, the largest markets for crude sunflower-seed and safflower oil exported from Italy were Greece ($X), France ($X) and the Netherlands ($X), with a combined X% share of total exports. Austria, Spain, Germany and Tanzania lagged somewhat behind, together comprising a further X saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average export price for crude sunflower-seed and safflower oil amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the export price recorded a perceptible reduction. The growth pace was the most rapid in 2011 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the maximum at $X per tonne in 2008; however, from 2009 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Greece ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Crude Sunflower-Seed And Safflower Oil

Imports into Italy

For the fourth consecutive year, Italy recorded growth in supplies from abroad of crude sunflower-seed and safflower oil, which increased by X% to X tonnes in 2019. Overall, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure in 2019 and are likely to see steady growth in the immediate term.

In value terms, crude sunflower-seed and safflower oil imports expanded rapidly to $X in 2019. Over the period under review, imports recorded a prominent increase. The growth pace was the most rapid in 2008 when imports increased by X% y-o-y. Imports peaked in 2019 and are expected to retain growth in years to come.

Imports by Country

In 2019, Ukraine (X tonnes) constituted the largest supplier of crude sunflower-seed and safflower oil to Italy, with a X% share of total imports. Moreover, crude sunflower-seed and safflower oil imports from Ukraine exceeded the figures recorded by the second-largest supplier, Hungary (X tonnes), fivefold. The third position in this ranking was occupied by the Netherlands (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Ukraine totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+X% per year) and the Netherlands (+X% per year).

In value terms, Ukraine ($X) constituted the largest supplier of crude sunflower-seed and safflower oil to Italy, comprising X% of total imports. The second position in the ranking was occupied by Hungary ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from Ukraine totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

In 2019, the average import price for crude sunflower-seed and safflower oil amounted to $X per tonne, with a decrease of -X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2019, the countries with the highest prices were Hungary ($X per tonne) and Romania ($X per tonne), while the price for Moldova ($X per tonne) and Ukraine ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Moldova, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude sunflower-seed and safflower oil in the world?
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The country with the largest volume of crude sunflower-seed and safflower oil consumption was China (7.2M tonnes), accounting for 18% of total volume. Moreover, crude sunflower-seed and safflower oil consumption in China exceeded the figures recorded by the second-largest consumer, India (2.9M tonnes), twofold. The U.S. (1.9M tonnes) ranked third in terms of total consumption with a 4.9% share.
What are the largest producers of crude sunflower-seed and safflower oil in the world?
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The countries with the highest volumes of crude sunflower-seed and safflower oil production in 2019 were China (6.4M tonnes), Ukraine (5.1M tonnes) and Russia (3.9M tonnes), with a combined 39% share of global production.
What are the leading suppliers of crude sunflower-seed and safflower oil to Italy?
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In value terms, Ukraine ($286M) constituted the largest supplier of crude sunflower-seed and safflower oil to Italy, comprising 63% of total imports. The second position in the ranking was occupied by Hungary ($63M), with a 14% share of total imports. It was followed by the Netherlands, with a 7.5% share.
What are the leading importers of crude sunflower-seed and safflower oil from Italy?
+
In value terms, the largest markets for crude sunflower-seed and safflower oil exported from Italy were Greece ($8.5M), France ($5.6M) and the Netherlands ($3.1M), with a combined 64% share of total exports. Austria, Spain, Germany and Tanzania lagged somewhat behind, together comprising a further 17%.
What is the average export price for crude sunflower-seed and safflower oil in Italy?
+
The average export price for crude sunflower-seed and safflower oil stood at $1,060 per tonne in 2019, reducing by -13% against the previous year.
What is the average import price for crude sunflower-seed and safflower oil in Italy?
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The average import price for crude sunflower-seed and safflower oil stood at $774 per tonne in 2019, which is down by -7.8% against the previous year.

Product coverage:
• Prodcom 10412400 - Crude sunflower-seed and safflower oil and their fractions (excluding chemically modified)

This report provides an in-depth analysis of the market for crude sunflower-seed and safflower oil in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Italy

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Italy
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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